DislikedGBPJPY M5 AB=CD 78.6% aggressive C sell, I came up with this just by seeing the slanting angle at which price is climbing up in GBPJPY, as opposed to the dip to the lows, the main swing, which was vertical. Looking to enter into a short in this pair, below 171.559. (This is right below the structure that the price has now run into). If price did not trigger a short below 171.559, consider this call void. {image}Ignored
Yes that can be a nice setup, but what are we waiting for confirmation ? we saw double top formation working and rejecting higher prices. Isnt that a good entry short ?